Mr. Myke Clark reports

REVOLVE ACCELERATES GROWTH OF DISTRIBUTED GENERATION PORTFOLIO WITH DEFINITIVE AGREEMENTS FOR 9 NEW SOLAR PROJECTS IN MEXICO

Revolve Renewable Power Corp. is continuing expansion of its distributed power solutions business with the signing of definitive agreements for a new portfolio of nine distributed generation solar projects in Mexico with a total capacity of 2.4 megawatts (MW). The portfolio will be added to the 6.05 MW of operating assets Revolve currently owns in Mexico and the 2.8 MW (16 projects) under construction in partnership with RER Energy, as announced on March 5, 2026.

A summary of our distributed generation portfolio is detailed in the attached table, and includes the previously announced projects in addition to this newly added portfolio.

The new portfolio is expected to generate annual revenue in the range of $370,000 (U.S.) to $843,000 (U.S.), with annual EBITDA (earnings before interest, taxes, depreciation and amortization) estimated in the range of $296,000 (U.S.) to $676,000 (U.S.), from the sale of electricity to the commercial customer. These estimates are forward looking and are based on management's assumptions regarding system performance, contracted construction and operating costs, contracted pricing under the applicable power purchase agreements (PPA), and other standard project level assumptions and risks.

A 20-year PPA, an engineering, procurement and construction (EPC) agreement and an operations and maintenance (O&M) agreement were executed on April 21, 2026, for a portfolio of nine distributed generation solar projects to be installed for a manufacturing company in Mexico. The portfolio has an estimated capital cost of $1.9-million (U.S.), which will be financed by a combination of cash from the company's balance sheet and project level debt. The first phase of the nine projects is expected to commence construction this month, and all nine projects are expected to be fully constructed and operational by September, 2026, subject to construction timelines and local permitting. The portfolio, and the previously announced 2.8 MW portfolio, are part of the partnership with RER Energy, announced on Oct. 9, 2025.

"This latest portfolio of projects is representative of the accelerated growth we are seeing in the distributed generation sector in Mexico," said chief executive officer Myke Clark. "This manufacturing customer will see long-term savings on their electricity bill and a reduction in their operating costs. For Revolve, we are expanding our portfolio of revenue-generating assets underpinned by stable, 20-year power purchase agreements. The distributed generation opportunity in Mexico remains substantial, and we are only beginning to capture it. Our growing pipeline and scalable project model give us significant runway for continued growth in this market. Equally important, the expertise and platform we have built position us to extend our distribution generation strategy into other jurisdictions, including the United States."

The company is also pleased to announce it has commenced construction on a separate, independent 490-kilowatt distributed generation solar project for a commercial customer in Irapuato, Mexico. Construction on the 490 kW project is expected to be completed by the end of May, 2026.

Building on its established position as a DG leader in Mexico, Revolve is actively evaluating distributed generation opportunities in additional jurisdictions, including the United States. The U.S. commercial and industrial solar market represents one of the largest and fastest-growing distributed generation markets in North America, driven by rising electricity costs, corporate sustainability mandates and expanding incentive frameworks. Revolve believes its proven EPC and O&M model, long-term PPA structure, and commercial development expertise are directly transferable to the U.S. market and the company looks forward to providing further updates on its distribution generation expansion plans.

About Revolve Renewable Power Corp.

Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the U.S., Canada and Mexico. Revolve also installs and operates sub-20-megawatt (MW) "behind the meter" distributed generation (or DG) assets. Revolve's portfolio includes the following:

• Operating assets: 13 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation;
• Development: a diverse portfolio of utility scale development projects across the U.S., Canada and Mexico with a combined capacity of over 3,000 MW as well as a 140-plus MW distributed generation portfolio that is under development.

Revolve has an accomplished management team with a demonstrated record of taking projects from greenfield through to ready-to-build status and successfully concluding project sales to large operators of utility-scale renewable energy projects. To date, Revolve has developed and sold over 1,550 MW of projects.

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